earnings
confidence high
sentiment positive
materiality 0.60
La Rosa Q4 revenue up 91% to $11.4M; FY net loss $7.8M vs $2.3M
La Rosa Holdings Corp.
2024-Q1 EPS reported
-$0.35
revenue$13,088,899
- Q4 2023 revenue $11.4M (+91% YoY); gross profit up 207%, gross margin 8.5% vs 5.3%.
- FY2023 revenue $31.8M (+21% YoY); net loss $7.8M ($1.27/share) vs $2.3M ($0.39/share) in 2022.
- Acquired six brokerages in Q4 with combined 2022 revenue >$35M; targets $100M annualized run rate by end-2024.
- Completed $5M IPO in Oct 2023; launched AI platform JAEME and Final Offer partnership.
- Increased fees effective Sept 2023; expects revenue growth in 2024 and profitability in 2025.